Online Lenders Struggle with Cost of Originations
HousingWire, July 13, 2018–Kelsey Ramirez
A new study from Deloitte Center for Financial Services and LendIt Fintech shows nonbank online lenders are also struggling with the cost of funding a loan. The survey shows a full 77% of respondents listed the cost of funding among their top three concerns, and 38% said it was their top concern.